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Freeport-McMoRan (FRA:FPMB) 5-Year Yield-on-Cost % : 6.46 (As of Apr. 28, 2024)


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What is Freeport-McMoRan 5-Year Yield-on-Cost %?

Freeport-McMoRan's yield on cost for the quarter that ended in Dec. 2023 was 6.46.


The historical rank and industry rank for Freeport-McMoRan's 5-Year Yield-on-Cost % or its related term are showing as below:

FRA:FPMB' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.69   Med: 8.38   Max: 62.74
Current: 6.46


During the past 13 years, Freeport-McMoRan's highest Yield on Cost was 62.74. The lowest was 0.69. And the median was 8.38.


FRA:FPMB's 5-Year Yield-on-Cost % is ranked better than
71.66% of 307 companies
in the Metals & Mining industry
Industry Median: 3.23 vs FRA:FPMB: 6.46

Competitive Comparison of Freeport-McMoRan's 5-Year Yield-on-Cost %

For the Copper subindustry, Freeport-McMoRan's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Freeport-McMoRan's 5-Year Yield-on-Cost % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Freeport-McMoRan's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Freeport-McMoRan's 5-Year Yield-on-Cost % falls into.



Freeport-McMoRan 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Freeport-McMoRan is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Freeport-McMoRan  (FRA:FPMB) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Freeport-McMoRan 5-Year Yield-on-Cost % Related Terms

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Freeport-McMoRan (FRA:FPMB) Business Description

Address
333 North Central Avenue, Phoenix, AZ, USA, 85004-2189
Freeport-McMoRan Inc is an international mining company. It operates geographically diverse assets with proven and probable mineral reserves of copper, gold, and molybdenum. The company's portfolio of assets includes the Grasberg minerals district in Indonesia; and mining operations in North America and South America, including the large-scale Morenci minerals district in Arizona and the Cerro Verde operation in Peru. It derives key revenue from the sale of Copper.

Freeport-McMoRan (FRA:FPMB) Headlines

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